The Group was the first Spanish listed company to publish the results of its environmental plan, together with economic variables, as a further element in its
transparency policy for investors and society as a whole. Awareness of this policy within the company is reinforced each year through an employee training
plan.
The Group reports its climate-change commitment and strategy to the Carbon Disclosure Project (CDP). The CDP’s assessment places NH Hoteles among
the leading companies in the hotel industry for its strategy to combat climate change.
In 2012, the Group improved the transparency of its environmental management by obtaining two external international certifications: ISO 50001, which
recognises the efficiency of the international hotel network’s energy management, and ISO 14001, which certifies environmental management.
In 2012, NH Hoteles continued the important task of conducting environmental research and development with its suppliers, through the innovative
Sustainable NH Club project.
The Group was awarded the Project Icarus Gold Medal by the Global Business Travel Association (GBTA), and is the first international hotel chain to receive
this prize. The NH Hoteles Environmental Plan also received an award from the Spanish Confederation of Hotels and Tourist Accommodations (CEHAT).
NH Hoteles is working on a second Environmental Strategic Plan that will provide continuity for its energy efficiency measures.
RESULTS
The annual income of NH Hoteles in 2012 was €1,311.6 million. This figure is down by €116.7 million compared to 2011, a decrease of 8.2%. Hotel sales,
which at €1,288.0 million continue to represent the majority of income (98%), fell by 3.8% as a result of the hotels sold the previous year being retired from the
scope of consolidation (the most significant closures being Jolly Lotti, NH Ligure, NH Lucerna and NH Genk), accounting for 40% fall in sales (€20.4 million).
Falling sales of F&B (-6.8%), and the decline in RevPAR also had a negative effect. The Group continues to have significant levels of activity (occupancy was at
64.6%
in 2012, compared to 64.8% in 2011 in comparable terms) and both Central Europe and Benelux remain noteworthy for their positive performance in
occupancy, which continues at similar levels to 2011 despite the slowdown in sales in the MICE and catering businesses (down 6.8%). Uncertainty in Europe
continues to hinder the recovery of the sector, both in the corporate and events and recreational sides of the business, albeit essentially in the MICE segment.
Two very different trends have been identified: on the one hand the Central European and American economies, which are performing well in spite of some
deterioration in Argentina, and on the other hand the southern European economies (Spain and Italy) which are performing poorly. In the Spain business unit,
RevPAR has fallen by 7.2%, as a result of falling occupancy (down 3.7%) and prices (down 3.6%). Barcelona is an exception and is performing better than the
other cities, maintaining both occupancy and price levels. In any case, income from Spain, at €307.0 million, fell by 12.0% against 2011. We are faced with a
similar situation in Italy, on a lesser scale, with sales of €281.2 million, an annual fall of 4.4%. 12-month RevPAR data shows a reduction of -5.1%, explained
by both falling occupancy levels and a reduction in average prices, with the business segment most severely affected. The Benelux business unit echoes the
trend of other units: RevPAR is down by 2.4%, although occupancy, with levels above those of 2011, has partly halted the fall in prices (down 3.5%). However,
THE ENVIRONMENT
The Group has been working on the Environmental Strategic Plan 2008/2012, which set reduction targets of 20% for energy and water consumption, waste
generation and the carbon footprint.
The Plan has exceeded the initial targets by a substantial margin thanks to the implementation of efficiency measures, and not least due to monthly monitoring
of these variables.
Implementing the Environmental Plan has helped reduce energy consumption by 25% and water consumption by 30%. This has led to a clear saving in energy
costs.
NH Hoteles’ carbon footprint has been cut by 44% since 2008. During 2012, reduced consumption has allowed us to absorb this year’s increased energy costs
while improving our customer energy and water cost ratios.
10
CONSOLIDATED
MANAGEMENT REPORT
Environmental Strategic Plan 2008-2012
ENERGY CONSUMPTION
-25.1%
Reduction of the energy
consumption ratio per
customer/night
CO
2
EMISSIONS
-44.2%
Reduction of the CO
2
released ratio per
guest/night
WASTE GENERATION
-34.1%
Reduction of the waste
generation ratio per
guest/night
WATER CONSUMPTION
-30.5%
Reduction of the water
usage ratio per
guest/night
